Showing 1 - 9 of 9
The race between education and technology provides a canonical framework that does an excellent job of explaining U.S. wage structure changes across the twentieth century. The framework involves secular increases in the demand for more-educated workers from skill-biased technological change,...
Persistent link: https://www.econbiz.de/10012479229
A recent "revisionist " literature characterizes the pronounced rise in U.S. wage inequality since 1980 as an "episodic " event of the first-half of the 1980s driven by non-market factors (particularly a falling real minimum wage) and concludes that continued increases in wage inequality since...
Persistent link: https://www.econbiz.de/10012467050
We use data from the Michigan Panel Study of Income Dynamics (PSID) to study the slowdown in the convergence of female and male wages in the 1990s compared to the 1980s. We found that changes in human capital did not contribute to the trends, since women improved their relative human capital to...
Persistent link: https://www.econbiz.de/10012467836
Using microdata from the 1994-6 International Adult Literacy Survey (IALS), we examine the role of cognitive skills in explaining higher wage inequality in the US. We find that while the greater dispersion of cognitive test scores in the US plays a part in explaining higher US wage inequality,...
Persistent link: https://www.econbiz.de/10012470514
We study the impact of selection bias on estimates of the gender pay gap, focusing on whether the gender pay gap has fallen since 1981. Previous research has found divergent results across techniques, identification strategies, data sets, and time periods. Using Michigan Panel Study of Income...
Persistent link: https://www.econbiz.de/10012533404
This paper examines gender differences in labor market outcomes for hard-to-employ youth in the US and West Germany during the 1984-91 period. We find that young, less educated American men and especially women are far less likely to be employed than their German counterparts. Moreover, less...
Persistent link: https://www.econbiz.de/10012472736
The U.S labor market experienced two dramatic developments over the past twenty years: a falling male-female pay gap and a rising level of wage inequality. This paper uses Michigan Panel Study on Income Dynamics (PSID) data for 1975 and 1987 and Current Population Survey (CPS) data for 1971 and...
Persistent link: https://www.econbiz.de/10012474177
While the utopian vision of the current Information Age was that computerization would flatten economic hierarchies by democratizing information, the opposite has occurred. Information, it turns out, is merely an input into a more consequential economic function, decision-making, which is the...
Persistent link: https://www.econbiz.de/10014486232
We use wage data from the Current Population Survey Merged Outgoing Rotation Group (CPS MORG) to study the effect of state and federal minimum wage policies on gender, race, and ethnic inequality throughout the wage distribution, focusing on lower-tail inequality between men and women, Blacks...
Persistent link: https://www.econbiz.de/10014372482